Vilma is engaged in her hog-raising business in the village of Mabantad. She is 58 years old and married. They were blessed with eight children who are all married. Vilma works hard to support their daily needs and to help her children financially, even though they live separately from her.
Vilma wants her business to become more progressive and to increase her income. To this end, Vilma wants to borrow a loan in the amount of PHP 12,000 to buy feed and vaccinate her hog. She is hoping that her loan request will be granted so she can develop her business and purchase more hogs to raise.
About Alalay sa Kaunlaran, Inc.
This loan is made possible by Alalay sa Kaunlaran, Inc. (ASKI), which means “a partner in development.” ASKI has been in operation for 25 years and runs multiple successful initiatives in addition to microlending. Its main microfinance branch focuses on lending to microentrepreneurs, small farmers, and fisher folk. ASKI also provides microinsurance and marketing support for borrowers, as well as educational programs to develop the skills of both borrowers and staff. The ASKI Foundation funds community development projects such as a daycare feeding program and scholarships for children. ASKI Global helps overseas Filipinos develop entrepreneurial and financial skills to maximize the impact of remittances.